KMCM (Key Mining Holdings) ROE %: -55.56% (As of Dec. 2023)


What is Key Mining Holdings ROE %?

Key Mining Holdings KMCM ROE % is -55.56% as of Dec. 2023.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Key Mining Holdings's annualized net income for the quarter that ended in Dec. 2023 was $-3.96 Mil. Key Mining Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $7.13 Mil. Therefore, Key Mining Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -55.56%.

The historical rank and industry rank for Key Mining Holdings's ROE % or its related term are showing as below:

KMCM's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.11
* Ranked among companies with meaningful ROE % only.

Key Mining Holdings  (NAS:KMCM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-3.964/7.1345
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.964 / 0)*(0 / 7.4615)*(7.4615 / 7.1345)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0458
=ROA %*Equity Multiplier
=N/A %*1.0458
=-55.56 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-3.964/7.1345
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.964 / -3.964) * (-3.964 / -4.076) * (-4.076 / 0) * (0 / 7.4615) * (7.4615 / 7.1345)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9725 * N/A % * 0 * 1.0458
=-55.56 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.

Key Mining Holdings ROE % Related Terms

Key Mining Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Key Mining Holdings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Key Mining Holdings ROE % Chart

Key Mining Holdings Annual Data
Trend Dec21 Dec22 Dec23
ROE %
-148.52 -114.07 -94.83

Key Mining Holdings Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial 0.00 -62.28 -119.50 -87.07 -55.56

KMCM vs : ROE % Comparison

For the Other Industrial Metals & Mining subindustry, Key Mining Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Key Mining Holdings ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Key Mining Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Key Mining Holdings's ROE % falls into.


Key Mining Holdings ROE % Calculation

Key Mining Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-4.914/( (3.629+6.735)/ 2 )
=-4.914/5.182
=-94.83 %

Key Mining Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-3.964/( (7.534+6.735)/ 2 )
=-3.964/7.1345
=-55.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -55.56% mean?
Key Mining Holdings (KMCM) has a ROE % of -55.56% as of Dec. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Key Mining Holdings and its competitors.
Is Key Mining Holdings' ROE % too high?
Key Mining Holdings' current ROE % is -55.56%.
How does Key Mining Holdings' ROE % compare to ?
Key Mining Holdings' ROE % of -55.56% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Key Mining Holdings and its competitors. Key Mining Holdings's current ROE % is -55.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Mining Holdings stock overvalued right now?
Key Mining Holdings (KMCM) has a current ROE % of -55.56%. The current ROE % is -55.56%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Key Mining Holdings (KMCM), the current ROE % is -55.56% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Key Mining Holdings Business Description

Comparable Companies
Address 701 Brickell Avenue, Suite 1550, Miami, FL, USA, 33131
Key Mining Holdings Corp is a critical minerals and infrastructure company with a portfolio of exploration-stage mineral project and a regional water desalination project. Its flagship assets include the Cerro Blanco rutile project, capable of producing high-grade titanium dioxide (TiO), and a desalination plant under development in the Atacama Region of Chile, intended to supply water to regional mining, agricultural, and community users.